News

February 25, 2016

For the coming year Australia should look at its external environments and the possible impacts on our economies.
The World Environment

The world’s economic regions and 230 nations and sovereign states can be separated into old news and tomorrow’s future news. The old news are the EU, Japan and the USA which together had 55% of the worlds GDP in the late 1990s, that has fallen to 42% and falling fast.

February 26, 2016

The main issues discussed by business leaders in meetings with their business mentors in the latter part of 2012 and early 2013 are:

Economic Factors

Slow payments are impacting on cash flow and banks exerting pressure.

Retail sector is suffering due to economic uncertainly and Internet sales.

Technology

Keeping up with changes and trends in IT and communications is just getting harder.

Also deepening complexity of how the various social media platforms impacts on business and how best to adapt and use these applications responsibly and to our best advantage.

February 26, 2016

We conducted our annual survey of our mentoring clients in November 2012 and had a 71% response rate. The Mentees were asked to rank their experience with their international Business Mentor in respect of various factors.

The table below shows that the factors ranked highest by our mentees in the Excellent column are Sounding Board, Strategy development, Ideas generation, Better business performance and Own motivation. The lower half in the excellent column are Personal performance improvement,

February 26, 2016

Why 2012 you may ask?  The power of this article comes from accepting the limitations of society’s capacity and capability to keep up with the rate of change of technology used to replace people in the decision making processes of modern business, hence the need for time to establish a limiting boundary.  Change is the law of life!

Abstract

This article is about a journey of discovery focused on the impacts and side-effects of the rapid rate of change of technology used by modern business in gaining and maintaining that elusive competitive advantage.